Wholesale Electricity Prices By State

On an annual average basis wholesale electricity prices in these markets were lower than in 2018 and monthly average prices remained lower than 75 mwh except in ercot.

Wholesale electricity prices by state. Prices are updated each weekday excluding federal holidays typically between 7 30 and 8 30 a m. Retailers don t set prices arbitrarily however. In 2018 ice stopped providing natural gas price index data to eia. The wholesale price is what electricity providers pay generators for.

In 2002 the state deregulated the market in order to decrease prices for residential and commercial consumers. The aer monitors the performance of wholesale electricity and gas markets and publishes data from that monitoring in reports such as the annual state of the energy market and wholesale markets quarterly report. This page provides the key data series for these markets. Unlike other states texas has a deregulated energy market.

From this data we can see the state with the lowest electric rates is louisiana. Electricity usage charges are deregulated in most states which means energy companies like agl and origin set the per kwh price for electricity. This page is meant to provide a snapshot of selected daily prices only. Select a year 2017 2016 2015 2014 2013 2012 2011 2011 zip 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 1999 1998 1996 name.

The data is averaged by month rather than by day and covers around a ten year time period. On average homes in louisiana pay 9 53 cents per kwh. Archived state electricity profiles choose a year. Trends observations from state data.

Wholesale electricity and natural gas market data. Daily wholesale and retail prices for various energy products are shown below including spot prices and select futures prices at national or regional levels. Residential customers in texas the country s largest deregulated market for electricity pay a relatively low price for electricity as well of 11 68 cents per kwh. Outcomes for the 2019 20 financial year have been.

Further information on wholesale prices can be found in our state of the energy market 2019 report. The charts and tables as well as underlying data which can be downloaded. This chart shows the price of electricity on the wholesale market in gb for delivery the next working day at a constant baseload rate. December 2017 was the last month we included this data on this webpage.

Average price of electricity to ultimate customers by end use sector by state june 2020 and 2019 cents per kilowatthour. Rather prices largely reflect the wholesale price of electricity. In the northwestern united states constraints on a transnational natural gas pipeline system resulted in higher wholesale electricity prices in the region in february.